Core Viewpoint - Hong Kong property prices are experiencing a recovery, with strong sales of some new developments and optimistic market sentiment driving developers' stock prices up since the beginning of the year [1] Group 1: Market Trends - The upward trend in property prices is expected to continue, although the pace of increase is anticipated to be more moderate due to cooling interest rate cut expectations and resilient mortgage rates in Hong Kong [1] - Historical data suggests that when property price growth slows or market sentiment peaks, real estate stock prices often experience a correction [1] Group 2: Forecast and Recommendations - The company maintains a forecast of a 5% increase in Hong Kong property prices for 2026 [1] - Preferred stocks include Hysan Development and Link REIT, both rated as "outperform" [1]
大行评级|里昂:维持今年香港楼价增长5%的预测 首选股为希慎及领展